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Years Needed to Build Up a Nest Egg
|
# of Years |
Year |
Personal Income Tax |
10% Growth | 12% Growth | 15% Growth | 20% Growth |
Nest egg needed at 6% |
Nest egg needed at 8% |
Nest egg needed at 10% |
2006 |
$105,742 |
$6,000 |
$6,000 |
$6,000 |
$6,000 |
$1,762,367 |
$1,321,775 |
$1,057,420 |
|
1 |
2007 |
$109,496 |
$12,600 |
$12,720 |
$12,900 |
$13,200 |
$1,824,931 |
$1,368,698 |
$1,094,958 |
2 |
2008 |
$113,383 |
$19,860 |
$20,246 |
$20,835 |
$21,840 |
$1,889,716 |
$1,417,287 |
$1,133,829 |
3 |
2009 |
$117,408 |
$27,846 |
$28,676 |
$29,960 |
$32,208 |
$1,956,801 |
$1,467,600 |
$1,174,080 |
4 |
2010 |
$121,576 |
$36,631 |
$38,117 |
$40,454 |
$44,650 |
$2,026,267 |
$1,519,700 |
$1,215,760 |
5 |
2011 |
$125,892 |
$46,294 |
$48,691 |
$52,522 |
$59,580 |
$2,098,200 |
$1,573,650 |
$1,258,920 |
6 |
2012 |
$130,361 |
$56,923 |
$60,534 |
$66,401 |
$77,495 |
$2,172,686 |
$1,629,514 |
$1,303,611 |
7 |
2013 |
$134,989 |
$68,615 |
$73,798 |
$82,361 |
$98,995 |
$2,249,816 |
$1,687,362 |
$1,349,890 |
8 |
2014 |
$139,781 |
$81,477 |
$88,654 |
$100,715 |
$124,793 |
$2,329,684 |
$1,747,263 |
$1,397,811 |
9 |
2015 |
$144,743 |
$95,625 |
$105,292 |
$121,822 |
$155,752 |
$2,412,388 |
$1,809,291 |
$1,447,433 |
10 |
2016 |
$149,882 |
$111,187 |
$123,927 |
$146,096 |
$192,903 |
$2,498,028 |
$1,873,521 |
$1,498,817 |
11 |
2017 |
$155,202 |
$128,306 |
$144,799 |
$174,010 |
$237,483 |
$2,586,708 |
$1,940,031 |
$1,552,025 |
12 |
2018 |
$160,712 |
$147,136 |
$168,175 |
$206,112 |
$290,980 |
$2,678,536 |
$2,008,902 |
$1,607,122 |
13 |
2019 |
$166,417 |
$167,850 |
$194,356 |
$243,028 |
$355,176 |
$2,773,624 |
$2,080,218 |
$1,664,174 |
14 |
2020 |
$172,325 |
$190,635 |
$223,678 |
$285,482 |
$432,211 |
$2,872,088 |
$2,154,066 |
$1,723,253 |
15 |
2021 |
$178,443 |
$215,698 |
$256,520 |
$334,305 |
$524,653 |
$2,974,047 |
$2,230,535 |
$1,784,428 |
16 |
2022 |
$184,778 |
$243,268 |
$293,302 |
$390,451 |
$635,583 |
$3,079,626 |
$2,309,719 |
$1,847,775 |
17 |
2023 |
$191,337 |
$273,595 |
$334,498 |
$455,018 |
$768,700 |
$3,188,952 |
$2,391,714 |
$1,913,371 |
18 |
2024 |
$198,130 |
$306,955 |
$380,638 |
$529,271 |
$928,440 |
$3,302,160 |
$2,476,620 |
$1,981,296 |
19 |
2025 |
$205,163 |
$343,650 |
$432,315 |
$614,661 |
$1,120,128 |
$3,419,387 |
$2,564,540 |
$2,051,632 |
20 |
2026 |
$212,447 |
$384,015 |
$490,192 |
$712,861 |
$1,350,154 |
$3,540,775 |
$2,655,581 |
$2,124,465 |
21 |
2027 |
$219,988 |
$428,416 |
$555,016 |
$825,790 |
$1,626,184 |
$3,666,473 |
$2,749,854 |
$2,199,884 |
22 |
2028 |
$227,798 |
$477,258 |
$627,617 |
$955,658 |
$1,957,421 |
$3,796,632 |
$2,847,474 |
$2,277,979 |
23 |
2029 |
$235,885 |
$530,984 |
$708,931 |
$1,105,007 |
$2,354,905 |
$3,931,413 |
$2,948,560 |
$2,358,848 |
24 |
2030 |
$244,259 |
$590,082 |
$800,003 |
$1,276,758 |
$2,831,886 |
$4,070,978 |
$3,053,233 |
$2,442,587 |
25 |
2031 |
$252,930 |
$655,091 |
$902,004 |
$1,474,272 |
$3,404,264 |
$4,215,498 |
$3,161,623 |
$2,529,299 |
26 |
2032 |
$261,909 |
$726,600 |
$1,016,244 |
$1,701,413 |
$4,091,117 |
$4,365,148 |
$3,273,861 |
$2,619,089 |
27 |
2033 |
$271,207 |
$805,260 |
$1,144,193 |
$1,962,624 |
$4,915,340 |
$4,520,111 |
$3,390,083 |
$2,712,066 |
28 |
2034 |
$280,834 |
$891,786 |
$1,287,497 |
$2,263,018 |
$5,904,408 |
$4,680,574 |
$3,510,431 |
$2,808,345 |
29 |
2035 |
$290,804 |
$986,964 |
$1,447,996 |
$2,608,471 |
$7,091,289 |
$4,846,735 |
$3,635,051 |
$2,908,041 |
30 |
2036 |
$301,128 |
$1,091,661 |
$1,627,756 |
$3,005,742 |
$8,515,547 |
$5,018,794 |
$3,764,095 |
$3,011,276 |
31 |
2037 |
$311,818 |
$1,206,827 |
$1,829,086 |
$3,462,603 |
$10,224,657 |
$5,196,961 |
$3,897,721 |
$3,118,177 |
32 |
2038 |
$322,887 |
$1,333,509 |
$2,054,577 |
$3,987,993 |
$12,275,588 |
$5,381,453 |
$4,036,090 |
$3,228,872 |
33 |
2039 |
$334,350 |
$1,472,860 |
$2,307,126 |
$4,592,192 |
$14,736,706 |
$5,572,495 |
$4,179,371 |
$3,343,497 |
34 |
2040 |
$346,219 |
$1,626,146 |
$2,589,981 |
$5,287,021 |
$17,690,047 |
$5,770,318 |
$4,327,739 |
$3,462,191 |
35 |
2041 |
$358,510 |
$1,794,761 |
$2,906,779 |
$6,086,074 |
$21,234,056 |
$5,975,165 |
$4,481,374 |
$3,585,099 |
36 |
2042 |
$371,237 |
$1,980,237 |
$3,261,592 |
$7,004,985 |
$25,486,867 |
$6,187,283 |
$4,640,462 |
$3,712,370 |
37 |
2043 |
$384,416 |
$2,184,261 |
$3,658,983 |
$8,061,733 |
$30,590,241 |
$6,406,932 |
$4,805,199 |
$3,844,159 |
38 |
2044 |
$398,063 |
$2,408,687 |
$4,104,061 |
$9,276,993 |
$36,714,289 |
$6,634,378 |
$4,975,783 |
$3,980,627 |
39 |
2045 |
$412,194 |
$2,655,555 |
$4,602,549 |
$10,674,542 |
$44,063,147 |
$6,869,898 |
$5,152,424 |
$4,121,939 |
40 |
2046 |
$426,827 |
$2,927,111 |
$5,160,854 |
$12,281,723 |
$52,881,776 |
$7,113,779 |
$5,335,335 |
$4,268,268 |
41 |
2047 |
$441,979 |
$3,225,822 |
$5,786,157 |
$14,129,982 |
$63,464,132 |
$7,366,319 |
$5,524,739 |
$4,419,791 |
42 |
2048 |
$457,669 |
$3,554,404 |
$6,486,496 |
$16,255,479 |
$76,162,958 |
$7,627,823 |
$5,720,867 |
$4,576,694 |
43 |
2049 |
$473,917 |
$3,915,845 |
$7,270,875 |
$18,699,801 |
$91,401,550 |
$7,898,611 |
$5,923,958 |
$4,739,166 |
44 |
2050 |
$490,741 |
$4,313,429 |
$8,149,380 |
$21,510,771 |
$109,687,860 |
$8,179,011 |
$6,134,259 |
$4,907,407 |
45 |
2051 |
$508,162 |
$4,750,772 |
$9,133,306 |
$24,743,386 |
$131,631,432 |
$8,469,366 |
$6,352,025 |
$5,081,620 |
46 |
2052 |
$526,202 |
$5,231,849 |
$10,235,303 |
$28,460,894 |
$157,963,718 |
$8,770,029 |
$6,577,522 |
$5,262,017 |
47 |
2053 |
$544,882 |
$5,761,034 |
$11,469,539 |
$32,736,028 |
$189,562,461 |
$9,081,365 |
$6,811,024 |
$5,448,819 |
48 |
2054 |
$564,225 |
$6,343,137 |
$12,851,883 |
$37,652,433 |
$227,480,954 |
$9,403,753 |
$7,052,815 |
$5,642,252 |
49 |
2055 |
$584,255 |
$6,983,451 |
$14,400,109 |
$43,306,298 |
$272,983,145 |
$9,737,586 |
$7,303,190 |
$5,842,552 |
50 |
2056 |
$604,996 |
$7,687,796 |
$16,134,123 |
$49,808,242 |
$327,585,773 |
$10,083,271 |
$7,562,453 |
$6,049,962 |
51 |
2057 |
$626,474 |
$8,462,576 |
$18,076,217 |
$57,285,479 |
$393,108,928 |
$10,441,227 |
$7,830,920 |
$6,264,736 |
52 |
2058 |
$648,713 |
$9,314,834 |
$20,251,363 |
$65,884,300 |
$471,736,714 |
$10,811,890 |
$8,108,918 |
$6,487,134 |
53 |
2059 |
$671,743 |
$10,252,317 |
$22,687,527 |
$75,772,946 |
$566,090,056 |
$11,195,713 |
$8,396,784 |
$6,717,428 |
54 |
2060 |
$695,590 |
$11,283,549 |
$25,416,030 |
$87,144,887 |
$679,314,068 |
$11,593,160 |
$8,694,870 |
$6,955,896 |
55 |
2061 |
$720,283 |
$12,417,903 |
$28,471,954 |
$100,222,620 |
$815,182,881 |
$12,004,718 |
$9,003,538 |
$7,202,831 |
56 |
2062 |
$745,853 |
$13,665,694 |
$31,894,588 |
$115,262,014 |
$978,225,458 |
$12,430,885 |
$9,323,164 |
$7,458,531 |
57 |
2063 |
$772,331 |
$15,038,263 |
$35,727,939 |
$132,557,316 |
$1,173,876,549 |
$12,872,181 |
$9,654,136 |
$7,723,309 |
58 |
2064 |
$799,749 |
$16,548,089 |
$40,021,292 |
$152,446,913 |
$1,408,657,859 |
$13,329,144 |
$9,996,858 |
$7,997,486 |
59 |
2065 |
$828,140 |
$18,208,898 |
$44,829,847 |
$175,319,950 |
$1,690,395,431 |
$13,802,329 |
$10,351,746 |
$8,281,397 |
60 |
2066 |
$857,539 |
$20,035,788 |
$50,215,428 |
$201,623,942 |
$2,028,480,517 |
$14,292,311 |
$10,719,233 |
$8,575,387 |
61 |
2067 |
$887,981 |
$22,045,367 |
$56,247,280 |
$231,873,534 |
$2,434,182,620 |
$14,799,688 |
$11,099,766 |
$8,879,813 |
62 |
2068 |
$919,505 |
$24,255,904 |
$63,002,953 |
$266,660,564 |
$2,921,025,144 |
$15,325,077 |
$11,493,808 |
$9,195,046 |
63 |
2069 |
$952,147 |
$26,687,494 |
$70,569,308 |
$306,665,648 |
$3,505,236,173 |
$15,869,117 |
$11,901,838 |
$9,521,470 |
64 |
2070 |
$985,948 |
$29,362,244 |
$79,043,625 |
$352,671,495 |
$4,206,289,407 |
$16,432,471 |
$12,324,353 |
$9,859,483 |
65 |
2071 |
$1,020,949 |
$32,304,468 |
$88,534,859 |
$405,578,220 |
$5,047,553,289 |
$17,015,824 |
$12,761,868 |
$10,209,494 |
66 |
2072 |
$1,057,193 |
$35,540,915 |
$99,165,043 |
$466,420,953 |
$6,057,069,947 |
$17,619,886 |
$13,214,914 |
$10,571,931 |
67 |
2073 |
$1,094,723 |
$39,101,006 |
$111,070,848 |
$536,390,096 |
$7,268,489,936 |
$18,245,391 |
$13,684,044 |
$10,947,235 |
68 |
2074 |
$1,133,586 |
$43,017,107 |
$124,405,349 |
$616,854,610 |
$8,722,193,923 |
$18,893,103 |
$14,169,827 |
$11,335,862 |
69 |
2075 |
$1,173,828 |
$47,324,817 |
$139,339,991 |
$709,388,802 |
$10,466,638,708 |
$19,563,808 |
$14,672,856 |
$11,738,285 |
70 |
2076 |
$1,215,499 |
$52,063,299 |
$156,066,790 |
$815,803,122 |
$12,559,972,450 |
$20,258,323 |
$15,193,742 |
$12,154,994 |
71 |
2077 |
$1,258,650 |
$57,275,629 |
$174,800,805 |
$938,179,590 |
$15,071,972,939 |
$20,977,494 |
$15,733,120 |
$12,586,496 |
72 |
2078 |
$1,303,332 |
$63,009,192 |
$195,782,902 |
$1,078,912,529 |
$18,086,373,527 |
$21,722,195 |
$16,291,646 |
$13,033,317 |
73 |
2079 |
$1,349,600 |
$69,316,111 |
$219,282,850 |
$1,240,755,408 |
$21,703,654,233 |
$22,493,333 |
$16,869,999 |
$13,496,000 |
74 |
2080 |
$1,397,511 |
$76,253,722 |
$245,602,792 |
$1,426,874,719 |
$26,044,391,079 |
$23,291,846 |
$17,468,884 |
$13,975,108 |
75 |
2081 |
$1,447,122 |
$83,885,095 |
$275,081,127 |
$1,640,911,927 |
$31,253,275,295 |
$24,118,706 |
$18,089,030 |
$14,471,224 |
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